TrueBlue (NYSE:TBI) Releases Earnings Results, Beats Expectations By $0.14 EPS

TrueBlue (NYSE:TBI - Get Free Report) announced its quarterly earnings data on Wednesday. The business services provider reported ($0.02) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.14, Zacks reports. The firm had revenue of $385.95 million for the quarter, compared to the consensus estimate of $385.04 million. TrueBlue had a negative net margin of 8.02% and a negative return on equity of 3.90%. TrueBlue updated its Q1 2025 guidance to EPS.

TrueBlue Trading Up 0.6 %

TBI stock traded up $0.04 during trading on Friday, hitting $6.37. The company had a trading volume of 414,230 shares, compared to its average volume of 131,927. The stock has a market cap of $189.10 million, a PE ratio of -1.53, a PEG ratio of 3.01 and a beta of 1.42. The business has a 50-day moving average of $7.82 and a 200-day moving average of $7.73. The company has a current ratio of 1.73, a quick ratio of 1.85 and a debt-to-equity ratio of 0.02. TrueBlue has a one year low of $6.05 and a one year high of $12.88.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on TBI shares. BMO Capital Markets decreased their price objective on shares of TrueBlue from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 5th. StockNews.com lowered TrueBlue from a "hold" rating to a "sell" rating in a research report on Saturday.

TrueBlue Company Profile

TrueBlue, Inc, together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries.